|AECOM announces $300-million share-repurchase program|
“This repurchase authorization reflects our confidence in AECOM’s
long-term outlook and the focus of our capital-allocation strategy on
driving sustainable returns as we continue to make progress in areas
such as balanced growth, profitability and liquidity,” said John M.
Any repurchases under the current program will be made at the company’s discretion in the open market or in privately negotiated transactions in compliance with applicable securities laws and other legal requirements and will depend on a variety of factors, including market conditions, share price, the terms of the company's credit facilities and other factors.
Forward-Looking Statements: All statements in this press release
other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws, including
any projections of earnings, statements of plans for future operations
or expected share repurchase program activity. Actual results
could differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause
actual results to differ materially from our forward-looking statements
are set forth in our quarterly report on Form 10-Q for the fiscal
AECOM Technology Corporation